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The Latest Breaking News from Caesars Entertainment Inc

Options Corner: Roll The Dice On A Potential Sentiment Reversal For Caesars Entertainment

It's no surprise that casino giant Caesars Entertainment Inc (NASDAQ:CZR) has been a serious laggard this year. Since the beginning of January, CZR stock has shed more than 21% of market value. Along with specific financial concerns — such as lower-than-expected free cash flow due to high capital expenditures —…

Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

The Atlantic City, New Jersey, casino workers union has reached an agreement with MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NASDAQ:CZR). The agreements reached are likely to prevent strikes at MGM Resorts’ Borgata casino and Caesars Entertainment’s Caesars, Harrah’s, and Tropicana properties. Unite Here Local 54 union organizers have been asking for a pay raise…

Why Shares Of Caesars Entertainment Are Dropping

Why Shares Of Caesars Entertainment Are Dropping

Caesars Entertainment, Inc. (NASDAQ: CZR) shares are trading lower Monday alongside several companies in the broader hotel, restaurant & leisure sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

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Caesars, NYRA Bets Launch New Horse Racing App

Caesars Entertainment Inc's (NASDAQ:CZR) online gaming division Caesars Sportsbook and NYRA Bets LLC, the official online wagering platform of the New York Racing Association, have launched a new horse racing account wagering app. The Caesars Raceboo app is officially live in Florida and Ohio, with plans to add additional states throughout the…

Caesars Agrees To Revised Deal To Sell William Hill Non-US Assets To 888 Holdings

Caesars Entertainment Inc (NASDAQ:CZR) has altered the enterprise value to sell the non-U.S. assets of William Hill to the British gambling firm, 888 Holdings Plc, to £1.95 billion - £2.05 billion. The previously quoted agreement value for the deal in September 2021 was £2.2 billion. The revised agreement reflects a £250 million reduction in…

Stifel Bumps Up Caesars Entertainment Price Target By 6%

Stifel analyst Steven Wieczynski raised the price target on Caesars Entertainment Inc (NASDAQ:CZR) to $127 from $120 and kept a Buy rating on the shares, implying a 58% upside. Steven mentioned that many potential catalysts for the rest of 2022 should facilitate the shares to return to triple-digit. The analyst also hailed the company's management…

Caesars, NYRA Bets Plan To Launch New Horse Racing Wagering App

Caesars Entertainment Inc (NASDAQ:CZR) Caesars Sportsbook division, in partnership with NYRABets LLC (NYRA Bets), plans to launch a new horse racing account wagering app, Caesars Racebook. The app will be available for download this spring. NYRA Bets is the official online wagering platform of the New York Racing Association, Inc. Caesars…

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Caesars Raises The White Flag: Why Jim Cramer Prefers DraftKings Stock

Caesars Raises The White Flag: Why Jim Cramer Prefers DraftKings Stock

Caesars Entertainment Inc (NASDAQ: CZR) announced weak earnings results after the market closed Tuesday, but the stock is rallying Wednesday after the company announced plans to cut ad spending on the sports betting market.

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